Topic: Is bitcoin is the new era of currency? - page 108. (Read 72081 times)
I think bitcoin is no longer the new currency on the internet, this time in every country many users bitcoin although there are some countries that prohibit the existence of bitcoin, but it does not affect the development of bitcoin is so rapid, certainly many things we can do with bitcoin for transact even maybe someday bitcoin currency will be the second after the real currency
I guess that bitcoin is the new era of currency as we are on the technology era, it's very fast with the phasing.
And just to inline with it fiat is not more suitable though it is still reliable and being dependent by the whole world.
So bitcoin is the new era of online currency.
still too early to say bitcoin will be a new era of currency because there are many countries that do not accept bitcoin and bitcoin still prohibit and users are also not too big?And just to inline with it fiat is not more suitable though it is still reliable and being dependent by the whole world.
So bitcoin is the new era of online currency.
It may be early to say but that's considerable as bitcoin is one of the popular internet currency.
I believe that we are in the new era of everything and transactions will be automated too and bitcoin is going to be the medium of it.
Correct and we want that. If that happens surely the value will grow more. Though it is still early to say it, just imagining how much comfort it could give us by using it is truly remarkable.
Currencies are supposed to be used with widely in order for it to be known and somehow be traditionally used without even knowing it.
I guess that bitcoin is the new era of currency as we are on the technology era, it's very fast with the phasing.
And just to inline with it fiat is not more suitable though it is still reliable and being dependent by the whole world.
So bitcoin is the new era of online currency.
still too early to say bitcoin will be a new era of currency because there are many countries that do not accept bitcoin and bitcoin still prohibit and users are also not too big?And just to inline with it fiat is not more suitable though it is still reliable and being dependent by the whole world.
So bitcoin is the new era of online currency.
It may be early to say but that's considerable as bitcoin is one of the popular internet currency.
I believe that we are in the new era of everything and transactions will be automated too and bitcoin is going to be the medium of it.
I guess that bitcoin is the new era of currency as we are on the technology era, it's very fast with the phasing.
And just to inline with it fiat is not more suitable though it is still reliable and being dependent by the whole world.
So bitcoin is the new era of online currency.
still too early to say bitcoin will be a new era of currency because there are many countries that do not accept bitcoin and bitcoin still prohibit and users are also not too big? And just to inline with it fiat is not more suitable though it is still reliable and being dependent by the whole world.
So bitcoin is the new era of online currency.
Yeah it is the new era of currency. Bitcoin is no longer thing of the past. As we may see it this days giant industries is now making use of bitcoin. What are my saying bitcoin has become one of the currency you depend and use in any internet business.
I guess that bitcoin is the new era of currency as we are on the technology era, it's very fast with the phasing.
And just to inline with it fiat is not more suitable though it is still reliable and being dependent by the whole world.
So bitcoin is the new era of online currency.
And just to inline with it fiat is not more suitable though it is still reliable and being dependent by the whole world.
So bitcoin is the new era of online currency.
I think that Bitcoin is the new era of currency, but it is not really that easy to earn, unless you count little earnings like signature campaings or something. Bitcoin can actually be used to buy food online and some shops even accept it, but its true that it is not as flexible as fiat. But it is getting more and more adopted.
Since bitcoin is trending now world wide because you can easily earn this and it exchange in real cash. Is bitcoin the new value of currency in the internet? Is he the new money? Can we use it in buying foods and etc in the future?
It is and has always been for the past decade. Bitcoin has redefined money and how we can use digital money to our advantage and the freedom, anonymity and comfort it offers is nothing the current financial system can compete so for me it's evident that Bitcoin is the new era of currency.
exactly once, actually bitcoin doesn't need adoption. Bitcoin only requires market that always want bitcoin, so each time a repeat of the bitcoin transactions are always going on and that's what makes the value of bitcoin always survive and sometimes higher. because it is useless if the bitcoin in adoption by many people but there was no repeat of the transaction, then growth will be increasingly difficult for streaking and survive. Bitcoin only give advantage to those who want to think well and want to innovate
I think it is! The future is here and we need to adopt it and accept the future. If we don't we die. We must innovate and move into what is more convenient, safer, faster, economic and something that will totally help the environment by not using anymore trees. Though the mining part of bitcoin leaves a lot of carbon footprint but if everything was solar it wouldnt/
Bitcoin is very limited and it has only exist in online transaction, with that it cannot be the new era currency surpassing what fiat digital currency has achieve. To be able to be called as the new era it should possess the characteristics that would benefit everyone when using such currency and as for the status of bitcoin nowadays, it's till unclear if it will continue to be dominant online as it is clearly manipulated and the hardest thing is the government would not allow it to be.
Bitcoin isn't the Currency of the near future. As a matter of fact, Bitcoin might not get to a Currency status at all because of how unstable the payment system is.
If the the transactions of Bitcoin was really fast then Bitcoin would have a chance, if you look at most of the Currencies out in the world -they are instant when transferred to another person. Bitcoin could get transferred to another person physically but it would have to have verification and that involves downloading the whole Bitcoin Blockchain while checking data files.
If the the transactions of Bitcoin was really fast then Bitcoin would have a chance, if you look at most of the Currencies out in the world -they are instant when transferred to another person. Bitcoin could get transferred to another person physically but it would have to have verification and that involves downloading the whole Bitcoin Blockchain while checking data files.
I think because of the fact that it has so much potential, everything will be smoothed over and worked out, it will just take time. I hope at least. Bitcoin is what ought to be.
This depends on various things. Government legislation about Bitcoin will be an important factor for whether it will be the new era of currency. Energy expenditure for mining is becoming huge. Protecting the environment is a big growing trend, and there has to be some innovation to make Bitcoin mining use up less energy. There are very few stores accepting it as a payment option. Bitcoin is said the be the payment system of the internet, but there are very few stores accepting it as a payment option; most online purchases with Bitcoins can only be made using third party websites.
And In terms of technology, there might be some revolutionary new thing that could replace Bitcoin.
And In terms of technology, there might be some revolutionary new thing that could replace Bitcoin.
I think it is! The future is here and we need to adopt it and accept the future. If we don't we die. We must innovate and move into what is more convenient, safer, faster, economic and something that will totally help the environment by not using anymore trees. Though the mining part of bitcoin leaves a lot of carbon footprint but if everything was solar it wouldnt/
I do hope it would be the next currency for the upcoming era or years to come. It already had changed the lifestyle for some, I've heard on our local news about earning while you are at home. So more people are getting curious about it even investors from countries around the world are trying to invest on bitcoins and other altcoins. Imagine you can pay your bills by using that currency and buying things online. We won't know in the near future that it would be part of every household.
I am not sure because the price of bitcoin is not stable, to become the new currency, surely the price of bitcoin must be stable and not easily controlled and manipulation.
we know that today so many coins are distributed, even almost all the coins have a price and can make buying and selling. well, that all may be influenced by bitcoin. I am so sure that bitcoin is really going to bring a new era in world currency.
For us it already did make a change. It is our own new currency now. Although we are not that many yet we are still backig up bitcoin into achieving its goal for the new world that will need a new cureency.
All of the happening around us could just be a little bump to what will bitcoin become after a few more years.
we know that today so many coins are distributed, even almost all the coins have a price and can make buying and selling. well, that all may be influenced by bitcoin. I am so sure that bitcoin is really going to bring a new era in world currency.
I agree with statement and bitcoin is the next evolution of money. Bitcoin is now getting good number of users and supporters. It is widely used as an investment and for trading, gambling and transfer of value. Governments all over the world are trying to develop digital currency like bitcoin but something that can be regulated by them. They have got the inspiration from bitcoin itself.
Yeah thats true, but it is somehow impossible that governments will consider it as an actual currency, bitcoin will only be used when it is converted to their standardized currency. If bitcoin has been considered as currency worldwide, how would people know where tha money came from during transactions, I mean how will they evaluate the country's individual economy?
I agree with statement and bitcoin is the next evolution of money. Bitcoin is now getting good number of users and supporters. It is widely used as an investment and for trading, gambling and transfer of value. Governments all over the world are trying to develop digital currency like bitcoin but something that can be regulated by them. They have got the inspiration from bitcoin itself.
No. The problem with bitcoin is that it doesn’t have enough transactions per second to handle all of the currencies of the world.
Also the way that bitcoin is governed is highly centralized. There are about a two dozen people in the world that could collude to make bitcoin do whatever they want. If you are talking about billions of dollars, then there is not enough incentive for people to get together to do strange things, but if you are talking about trillions, then there is.
Now it turns out that there are about two dozen people in the world who could collude to make the Dollar or Euro or RMB do whatever they want, but we know who they are, and people are used to them, and most people trust them more than the people that run bitcoin.
The future of the world currency system IMHO are asset-based coins. OKCoin is about to release the OKDollar which is a digital coin which is convertible one to one with the US Dollar, and there are a number of companies that are working on gold-based coins. UBS also is working on a settlement utility coin.
Once you have an asset backed coin, then you can use that for global trade settlement rather than the US dollar.
Also the way that bitcoin is governed is highly centralized. There are about a two dozen people in the world that could collude to make bitcoin do whatever they want. If you are talking about billions of dollars, then there is not enough incentive for people to get together to do strange things, but if you are talking about trillions, then there is.
Now it turns out that there are about two dozen people in the world who could collude to make the Dollar or Euro or RMB do whatever they want, but we know who they are, and people are used to them, and most people trust them more than the people that run bitcoin.
The future of the world currency system IMHO are asset-based coins. OKCoin is about to release the OKDollar which is a digital coin which is convertible one to one with the US Dollar, and there are a number of companies that are working on gold-based coins. UBS also is working on a settlement utility coin.
Once you have an asset backed coin, then you can use that for global trade settlement rather than the US dollar.
Since bitcoin is trending now world wide because you can easily earn this and it exchange in real cash. Is bitcoin the new value of currency in the internet? Is he the new money? Can we use it in buying foods and etc in the future?
It is and has always been for the past decade. Bitcoin has redefined money and how we can use digital money to our advantage and the freedom, anonymity and comfort it offers is nothing the current financial system can compete so for me it's evident that Bitcoin is the new era of currency.
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